Tag Archives: markets

How long before this bear market hibernates again?

Most of what I read suggests we’re experiencing a Bear Market rally, and that it will be short-lived.  A very respected strategist friend of mind put it this way: It remains our view that stock markets will return to test … Continue reading

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Avoid natural gas companies despite bounce in energy sector.

Oil has had a spectacular rebound as news that OPEC+ might be willing to come to some sort of agreement (with Trump’s help?) The price of WTI popped from the $20 level.  I did share that on March 20 I … Continue reading

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Optimism markets will rebound fast is just wrong!

Apparently Goldman strategists expect profits for companies in the S&P 500 will decline 33% this year, and rebound 55% next year.  It implies a V-shaped recovery.  Let’s forget that 2021 is a long way off and that their guess is … Continue reading

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Cannabis stocks getting high!

Seems there’s been a run on marijuana as folks stuck at home look for some relief: Shares in most of the big cannabis companies are up sharply this week following reports of a spike in demand as consumers attempt to … Continue reading

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Hot off the presses – more rate cuts and liquidity from U.S. Federal Reserve.

FED Just announced interest rates near zero: The Federal Reserve encourages depository institutions to turn to the discount window to help meet demands for credit from households and businesses at this time. In support of this goal, the Board today … Continue reading

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Oil stocks still worth avoiding – usually fall more than crude prices.

I suggested in prior post that oil would be in trouble due to the COVID-19 impact on fuel demand. The stocks are being clobbered, and one might be tempted to ‘buy low.’ After all, Chevron’s dividend yield is above 5%.  … Continue reading

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First gold, then COPPER in market rebound for resource stocks.

Perhaps the (quiet) rally in gold has been telling us something. Commodity prices typically rise with inflation, and it shouldn’t be a surprise that they tend to be leading indicator – since actual real-time demand tends to occur before the … Continue reading

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Hot off the presses: EIA revised down fuel demand growth.

It seems the experts are finally catching up to me.  The US Energy Information Administration has revised down its outlook for fuels demand due to the coronavirus outbreak and it’s looking bleak (for producers) and great (for consumers). “EIA estimates … Continue reading

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Lessons Learned from the Great Recession!

The following is a quote from the book I wrote as I rode my Harley across the heartland of America, contemplating the lessons I learned over 30 years as a money manager: “I picked two headlines published on June 30, … Continue reading

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Why are mortgage rates REALLY falling? Will this increase home prices?

A recent article posted on CBC Business News was entitled “Why worries about the coronavirus are pushing mortgage rates down.” Below is the explanation: Fixed-rate loans are highly influenced by bond yields, because a mortgage lender makes money on the spread between … Continue reading

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